4XL
Active4XL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €15k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 22% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency40▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.77 against 1.26 in 2024; short-term debt: 66.2% and cash: 11.5% of total assets), and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.3%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7027 sector peers (2025).
NBB · sector comparisonPosition among 7027 sector peers
Solvency
better than 22%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €226k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
27 d late
2023
22 d late
2022
4 d late
2021
22 d late
2020
30 d late
2019
5 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€226k▲ 6.9%
2024 · €211k
2018: €254k
2019: €259k
2020: €280k
2021: €186k
2022: €188k
2023: €191k
2024: €211k
2018 → 2025
Total assets
€1.47M▲ 11.8%
2024 · €1.32M
2018: €2.02M
2019: €1.49M
2020: €1.48M
2021: €1.46M
2022: €974k
2023: €831k
2024: €1.32M
2018 → 2025
Net result
€15k▼ 26.4%
2024 · €20k
2018: €19k
2019: €185k
2020: €102k
2021: €45k
2022: €38k
2023: €39k
2024: €20k
2018 → 2025
Working capital
€-227k
2024 · €199k
2018: €190k
2019: €196k
2020: €214k
2021: €102k
2022: €105k
2023: €101k
2024: €199k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€186k-€188k▲ 1.3%€191k▲ 1.6%€211k▲ 10.4%€226k▲ 6.9%
Operating result€66k-€59k▼ 10.8%€59k▲ 0.2%€46k▼ 22.4%€34k▼ 26.6%
Net result€45k-€38k▼ 15.2%€39k▲ 2.0%€20k▼ 49.2%€15k▼ 26.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€725k▲ 113%
Current assets
€749k▼ 23.5%
Equity and liabilities €1.47M
Equity
€226k▲ 6.9%
Debt
€1.25M▲ 12.7%
The debt ratio rises from 84.0% to 84.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€129k▲
2024 · €119k
Cash flow
€110k▲
2024 · €93k
Solvency
15.3%▼
2024 · 16.0%
Current ratio
0.77▼
2024 · 1.26
Quick ratio
0.77▼
2024 · 1.26
Debt / equity
5.54▲
2024 · 5.25
ROE
6.5%▼
2024 · 9.4%
ROA
1.0%▼
2024 · 1.5%
Interest coverage
7.78▲
2024 · 7.67
Debt
€1.25M▲
2024 · €1.11M
Debt ≤ 1 year
€976k▲
2024 · €780k
Debt > 1 year
€273k▲
2024 · €228k
Income taxes
€9k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€1.47M▲
Fixed assets21/28€340k€725k▲
Tangible fixed assets22/27€340k€725k▲
Land and buildings22€230k€229k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€11k€13k▲
Other tangible fixed assets26€97k€482k▲
Financial fixed assets28€132€132=
Current assets29/58€979k€749k▼
Amounts receivable within one year40/41€771k€424k▼
Trade receivables40€642k€415k▼
Other amounts receivable41€129k€9k▼
Cash at bank and in hand54/58€52k€170k▲
Deferred charges and accrued income490/1€156k€155k▼
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.47M▲
Equity10/15€211k€226k▲
Contributions10/11€12k€12k=
Reserves13€199k€213k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€178k€193k▲
Amounts payable17/49€1.11M€1.25M▲
Amounts payable after more than one year17€228k€273k▲
Financial debts170/4€228k€273k▲
Amounts payable within one year42/48€780k€976k▲
Current portion of amounts payable after more than one year42€75k€97k▲
Financial debts43€44k-
Credit institutions430/8€44k-
Trade debts44€316k€575k▲
Suppliers440/4€316k€575k▲
Taxes, remuneration and social security45€176k€21k▼
Taxes450/3€175k€21k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€170k€284k▲
Accrued charges and deferred income492/3€100k-
Income statement
Code20242025
Remuneration, social security and pensions62€49k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€96k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€172k€135k▼
Operating profit (loss)9901€46k€34k▼
Financial income75/76B€294€7k▲
Recurring financial income75€294€7k▲
Financial charges65/66B€16k€17k▲
Recurring financial charges65€16k€17k▲
Profit (loss) for the period before taxes9903€31k€24k▼
Income taxes67/77€11k€9k▼
Profit (loss) for the period9904€20k€15k▼
Profit (loss) for the period to be appropriated9905€20k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€15k▼
Transfer to equity691/2€20k€15k▼
To other reserves6921€20k€15k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €15k ▼26.4%
Net result drops to €15k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Equity above €200kEq €211k ▲10.4%
7 profitable years in a row build equity to €211k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 5 days late
2019
31-12
Financial
Highest result since 2018net €185k ▲874%
Operating result €217k, net result €185k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kempische Kaai 753500 HasseltGround area
7,392 m²
Building footprint
1,703 m²
Volume, LiDAR
33,467 m³
Parcel 71327G0279/00Z002, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
4XL
since 20052.146.186.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0279/00Z002 | Flanders | 7,392 m² | 1 · 1,703 m² | 23.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 971 EUR awarded · 971 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 971 EUR | 971 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,757 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2005
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73110Advertising agencies
73300Public relations and communication consultancy
74141
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.